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Vici Energy joins the United Nations Global Compact

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DUBAI, UAE, Oct. 22, 2024 /PRNewswire/ — On the occasion of World Energy Day, Vici Energy is pleased to announce that it has become a member of the United Nations Global Compact (UNGC) and the UN Global Compact Network UAE, a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices.

With this announcement, Vici Energy joins the largest corporate sustainability initiative in the world, with more than 20,000 companies and 3,800 non-business participants based in over 160 countries and more than 70 local networks, all committed to taking responsible business action to create a better world.

As part of its ongoing engagement with the United Nations Global Compact, Vici Energy will complete an annual Communication on Progress (COP) report, outlining its progress in supporting and upholding the ten principles of the UN Global Compact in the areas of human rights, labor, environment, and anti-corruption.

Participating in the initiative also reinforces Vici Energy’s dedication to advancing the energy transition by making investments in renewable energy and innovative technologies to decrease emissions throughout the entire oil and gas industry supply chain. Through these efforts, Vici Energy aims to substantially reduce its environmental footprint while still meeting the increasing global demand for energy resources.

The energy industry plays a critical role in shaping the future of our planet, and Vici Energy is intent on advancing progress and prosperity in the communities it serves while also preserving the environment for a better and more sustainable tomorrow.

About Vici Energy 

Vici Energy is a privately owned, integrated energy company committed to exploring, developing, and delivering renewable and conventional energy sources. Our goal is simple: to offer reliable, high-quality, and affordable energy. We prioritize emerging markets, using our local expertise to drive economic growth and create tangible value for our counterparts and the communities where we operate.

Vici Energy is a participant of the United Nations Global Compact and the UN Global Compact Network UAE, and adheres to their principles-based approach to responsible business.

For more information, please visit https://www.vicienergy.com/

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Intelligent Audit Featured on the Cover of Logistics Tech Outlook as a Top Freight Audit and Payment Solutions Provider

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NEW YORK, Oct. 22, 2024 /PRNewswire/ — Intelligent Audit (IA), a global leader in transportation spend management, has been featured as one of the “Top Freight Audit and Payment Solutions Providers” in Logistics Tech Outlook magazine. This cover story highlights IA’s advanced solutions that help businesses optimize their shipping operations, reduce costs, and improve logistics efficiency.

Our deep learning models not only detect shipping issues and identify the root cause, but also stop the bleeding.

The article, “Navigate Logistics Uncertainty with Smarter Shipments”, showcases how IA’s technology tackles key industry challenges by leveraging real-time anomaly detection, AI-powered tools, and comprehensive business intelligence. IA’s innovative freight auditing system identifies inefficiencies, helps companies prevent costly errors, and ensures smooth shipping operations.

A Leader in Freight Audit and Payment Solutions

Since its founding in 1996, IA has been at the forefront in data-driven analytics for freight auditing and payment solutions. Today, IA leads the way in integrating AI into their platform, enhancing support and delivering even greater value to their customers. The article highlights a case where IA’s anomaly detection tool helped a global retailer avoid a significant financial error due to a simple data entry mistake, proving the practical impact of IA’s technology.

IA’s platform consolidates data from multiple transportation modes—parcel, LTL, ocean, and air freight—into a single source for analysis. Through AI, IA enables businesses to detect inefficiencies, mitigate risks, and improve decision-making across their supply chain.

AI-Powered Solutions for the Future of Logistics

IA is also pioneering the use of generative AI (GenAI) to automate manual tasks like invoice processing and email responses, reducing operational burdens and improving accuracy, particularly in regions where electronic data interchange (EDI) is not fully adopted. This innovative approach further enhances IA’s ability to deliver value to its clients.

The company’s self-service tools for network and parcel modeling allow customers to evaluate key logistics decisions, such as optimizing shipping routes, adjusting carrier usage, and managing distribution networks—helping businesses streamline operations and reduce costs.

Industry Recognition by Logistics Tech Outlook

Being named one of the top providers by Logistics Tech Outlook reflects IA’s leadership in the freight audit and payment space. This recognition underscores IA’s commitment to innovation and its role in helping clients stay ahead in a rapidly changing logistics landscape.

“We are proud to be featured as a top provider in Logistics Tech Outlook,” said Hannah Testani, CEO of Intelligent Audit. “Our goal is to continually evolve our solutions to help businesses optimize their supply chains and reduce costs.”

Read the Full Article and Learn More

To read the full feature and explore how Intelligent Audit is revolutionizing logistics management, visit Logistics Tech Outlook (https://www.logisticstechoutlook.com/intelligent-audit).

For more information about Intelligent Audit, visit our website (https://www.intelligentaudit.com/).

About Intelligent Audit

Choosing Intelligent Audit means accessing a unique blend of technology-driven services designed for today’s challenging supply chain environment. Since 1996, their expertise in freight audit, recovery, business intelligence, and secure payment processing has empowered businesses to make informed, data-driven decisions. Their approach not only offers clarity in a volatile market but also provides actionable insights through the normalization and cleansing of data across carriers, modes, and regions. With Intelligent Audit, businesses benefit from cost-saving strategies, enhanced decision-making, and reduced operational anxiety, positioning them for strategic success in uncertain times. Intelligent Audit is WBENC certified as a tier 1 diversity spend supplier and recognized as a Logistics Disruptor by McKinsey and Co, and Hannah Testani, CEO, is an EY Entrepreneur of the Year Winner for NJ. Intelligent Audit partners with some of the largest Fortune 10 companies down to mid and small-sized businesses globally to help achieve their strategic goals.

View original content to download multimedia:https://www.prnewswire.com/news-releases/intelligent-audit-featured-on-the-cover-of-logistics-tech-outlook-as-a-top-freight-audit-and-payment-solutions-provider-302283313.html

SOURCE Intelligent Audit

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Performio Introduces Plan Builder: Revolutionizing Incentive Compensation Management with Unmatched Flexibility and Control

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Performio’s Plan Builder is the most intuitive way to build and manage incentive compensation plans in the industry

IRVINE, Calif., Oct. 22, 2024 /PRNewswire/ — Performio, a leading incentive compensation management (ICM) software provider, unveiled Plan Builder, a groundbreaking capability that transforms compensation plan management. It’s the most advanced, intuitive interface with ultimate reliability to manage compensation plans. With Plan Builder, organizations can manage incentive compensation intuitively and efficiently, saving time and money, while avoiding constant ICM challenges.  

With Plan Builder and its other core capabilities, Performio has solved the age-old challenge in incentive compensation management–overly-rigid applications that cannot adapt to ICM needs, or overly-flexible ones that become impossible to maintain over time. When compensation managers manually build rules and formulas, they need to be updated every time the comp plan changes. This process is not only time-consuming, but incredibly vulnerable to human error.

Plan Builder eliminates this problem by offering compensation plan managers an array of dozens of preconfigured incentive plan components via an intuitive interface. Instead of writing rules and formulas that add complexity over time, Performio users can select from these out-of-the-box components and modify them to fit their own plans.

Plan Builder offers a true self-management experience. Users can simply configure components using dropdowns and filters through a guided workflow. It encompasses both crediting logic and compensation logic. So, when it’s time to modify plans, there is no need to comb through a long list of confusing logic. With Plan Builder, users simply modify a component or add a new one. This also alleviates organizations from excessive professional service costs and fixes. Essentially, Performio handles the formulas and logic in the background for users enabling scalability, efficiency, and accuracy.

“At Performio, we are committed to delivering value over the long run,’ said Grayson Morris, CEO of Performio. ‘Plan Builder is born from our deep understanding of the pain of incentive compensation management and the shortcomings of other rule or formula-based solutions. There’s always been a gap in ICM when it comes to plan management. Many incentive compensation professionals are frustrated when it comes to changing or modifying compensation plans because their system is simply too rigid or too flexible, inhibiting their ability to adapt to change. We have an ongoing joke at Performio, that we’re everyone’s favorite second ICM, whether their first ICM tool is spreadsheets or one of our competitors, Performio is the last ICM they’ll ever need.”

To discover how Performio’s Plan Builder can empower your organization to manage incentive compensation more effectively visit our website or contact us for a demo today.

About Performio

Performio is the last Incentive Compensation Management (ICM) software you’ll ever need. It allows you to manage incentive compensation complexity and change over the long run by combining a structured plan builder and flexible data management, with a partner who will make you a customer for life. Performio’s product is used by large global enterprises and growing mid-market companies across multiple industries worldwide such as Abbott Laboratories, Vodafone, Draeger, Johnson & Johnson, Nexstar, Optus, Toll Brothers, Wedbush Securities, and WP Engine. Performio’s feature-rich cloud application enables enterprises to automate their sales compensation calculations, provide increased transparency to their sales reps, and adapt to changing market conditions with confidence. For more information, visit www.performio.co.

View original content to download multimedia:https://www.prnewswire.com/news-releases/performio-introduces-plan-builder-revolutionizing-incentive-compensation-management-with-unmatched-flexibility-and-control-302281471.html

SOURCE Performio

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Verdek Secures Contract with the State of California to supply Level 2 and DC Fast Chargers

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MONROE, Conn., Oct. 22, 2024 /PRNewswire/ — Verdek, a leading provider of Electric Vehicle Charging Solutions, proudly announces that it has secured a 3-year contract with the State of California. This landmark achievement underscores Verdek’s commitment to advancing sustainable transportation and reinforces its position as a trailblazer in the EV infrastructure industry.

Under this mandatory California Contract 1-23-61-15B, Verdek will supply the latest ChargePoint chargers, CP6000 and Express Plus, covering a vast range of charging from 9KW to 500KW to the State of California departments and local government agencies. This contract will support California’s ambitious goals of reducing greenhouse gas emissions through the conversion of its fleet from Internal Combustion Engine (ICE) vehicles to EVs.

“We are honored to have been selected for this pivotal project,” said Guy Mannino, CEO of Verdek. “This contract not only highlights Verdek’s industry leadership and technical capabilities, but also aligns perfectly with our mission to accelerate the adoption of clean energy solutions. We are excited to contribute to California’s vision of a sustainable future.”

About Verdek

With over a decade of experience in delivering state-of-the-art EV Charging Solutions, Verdek has established itself as a trusted partner for businesses, municipalities, and government entities nationwide. Verdek’s expertise in integrating cutting-edge technology with user-centric design has consistently set new standards in the industry. A notable example of Verdek’s expertise is eBus charging in New York City. Verdek is a premier provider of Electric Vehicle Charging Solutions, committed to fostering the growth of sustainable transportation. With a comprehensive range of products and services, Verdek delivers innovative, reliable, and user-friendly charging solutions to meet the diverse needs of customers across North America.

For more information, please contact us at info@verdek.com or (888) 336-3734.

Visit us at www.verdek.com

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SOURCE Verdek LLC

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